🌐 | SyncDex

The SyncDex AMM has been developed to facilitate the exchange of ERC-20 tokens through automated liquidity pools in a straightforward, cost-effective, speedy, and secure manner. By using SyncDex, you can be confident that you have complete authority over your assets, and all your transactions are safeguarded.

Exchanging your tokens on SyncDex is the easiest form of trading, and it can be accomplished by adhering to these procedures:

  • Make certain that you are connected to the zkSync network and have linked your wallet to SyncDex.

  • In the top area, choose the token you want to exchange, which should be in your linked wallet. I

  • In the bottom section, select the token you want to exchange it with.

  • Be cautious to set an appropriate slippage level, which varies according to the token.

  • If you are using SyncDex to swap a token for the first time, you will need to enable the token first by clicking the enable button and validating the transaction in your wallet.

  • Finally, click the swap button and authenticate the swap transaction in your wallet.

To maintain a consistent flow of liquidity on the platform and promote effortless trading, we motivate investors to contribute liquidity by offering them a substantial percentage of the 0.3% trading fee whenever anyone exchanges their tokens on SyncDex.

In fact, the fee will be distributed as follows:

  • 60% is returned to liquidity pools as a reward for liquidity providers.

  • 25% in dividends redistributed to xSND holders

  • 10% is used to buyback $SND

  • 5% to the Development fund

We can make sure that the trading platform's growth leads to an increase in SND's value by using a portion of our charges for SND buybacks and LPs, which will help create deflationary pressure over time.

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